A proposal for a decentralized liquidity savings mechanism with side payments

In most countries, the central bank provides the medium to physically settle the smallest payments (cash) and the means to electronically settle the largest payments, which typically are wholesale payments between banks. For the latter purpose the central bank usually operates a system through which...

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Bibliographic Details
Main Authors: FUGAL, Adam, GARRATT, Rodney, GUO, Zhiling, HUDSON, Dave
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2018
Subjects:
Online Access:https://ink.library.smu.edu.sg/sis_research/4108
https://ink.library.smu.edu.sg/context/sis_research/article/5111/viewcontent/proposal_dlsms_r3.pdf
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Institution: Singapore Management University
Language: English